Stock Market

Old Mutual Limited’s Resilient Performance in 2023: A Finance Perspective

Old Mutual Limited’s Resilient Performance in 2023: A Finance Perspective

Old Mutual Limited achieved double-digit sales growth of 17% in 2023, showcasing strategic resilience and market share gains. The company's…

2024-03-27

African Bank’s Employee Share Ownership Scheme Paves the Way for IPO Success

African Bank is preparing for an IPO, developing an Employee Share Ownership Scheme (ESOS) to align interests. The ESOS empowers…

2024-03-27

PPC Ltd’s Operational Update: A Comprehensive Analysis

Revenue increased by 27.6%, driven by Zimbabwe operations. EBITDA margins improved to 13.6%. Challenges faced in South Africa and Botswana…

2024-03-27

Sirius Real Estate Expands U.K. Portfolio: Strategic Acquisitions and Capital Recycling

Sirius Real Estate expands U.K. portfolio through strategic acquisition of Vantage Point Business Village in Gloucestershire. Capital recycling strategy implemented…

2024-03-27

Textainer Group Holdings Limited Delists from the Johannesburg Stock Exchange

Textainer Group Holdings Limited delisted from the Johannesburg Stock Exchange (JSE) due to a merger and changed shareholder structure. The…

2024-03-27

Naspers Limited’s Repurchase Programme: A Strategic Move in the Finance Landscape

Naspers Limited initiated a repurchase program for its shares, targeting free-float shareholders to optimize its capital structure. The company purchased…

2024-03-27

Nampak Limited Cyber Incident: Finance and Business Implications

Nampak Limited faced a cyber incident on March 20, 2024, highlighting evolving cybersecurity threats in businesses. The company's swift response…

2024-03-27

Barloworld Limited Sees EBITDA Margin Rise Amid Revenue Decline in Recent Financial Update

Barloworld Limited's financial performance saw a decline in revenue but an improvement in EBITDA margin. Operational challenges in Southern Africa…

2024-03-26

Deutsche Konsum REIT-AG’s Delisting from the JSE

DKR's decision to delist from the JSE is driven by market performance and a strategic refocus on the FSE. The…

2024-03-26

Unlocking Value Through Share Repurchase: Tharisa’s Strategic Move

Tharisa plc announces a US$5 million share repurchase program to enhance shareholder value and signal confidence. Peel Hunt LLP is…

2024-03-26